Consumer interest in Russian wine is rising amid systematic operations to develop the industry and improve product quality, according to the Russian Agriculture Ministry, which stated that “Over 60% of wine on store shelves and in restaurants is now domestically produced, with Russian consumers increasingly choosing Russian wine.” Wine production in Russia is also growing, […]
The Standing Committee of the Russia-Belarus Union State has supported a proposal to create a credit rating agency, the committee has said. The move is necessary, as Western credit ratings agencies, including Fitch, Moody’s, and S&P, pulled out of these markets in 2022, making it extremely difficult for banks and companies in Russia and Belarus […]
The growth of bilateral trade between Russia and China in the medium term may be more restrained than it has been in recent years, according to Anton Alikhanov, Russia’s Minister of Industry and Trade. He was speaking at the Russian-Chinese business forum in Kazan and said that among the reasons for the slowdown in growth […]
Chinese companies are interested in further localizing their production in Russia, according to Oleg Nepochatov, the CEO of the Ulyanovsk Special Economic Port Zone. He was speaking at the 3rd Sprouts Business Forum which has been held in Kazan. Nepochatov said that “We see the demand of the Chinese companies to deepen localization of their […]
Russia is both developing and integrating its digital transport system with China’s, according to Igor Levitin, an Adviser to the President of Russia and Special Representative for International Transport Cooperation. He was speaking at the Rostki International Forum in Kazan. Speaking at the session on “Russia-China: Logistics Connectivity as a Basis for Sustainable Partnership”, Levitin […]
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The Russian government and the Central Bank of Russia are to motivate Russian companies to raise investment capital by listing on Russian stock exchanges. These measures include subsidizing loans, preferential mortgage rates, providing procurement guarantees and other incentives. This follows the government’s strategy of encouraging Russian companies to enter the equity capital market, with the […]
The Indian External Affairs Minister, Subrahmanyam Jaishankar has been holding talks in Moscow, meeting with both Sergey Lavrov, Russia’s Foreign Minister, and Russian President Vladimir Putin. The talks come just as the United States has threatened to increase tariffs to 50% on Indian exports to the United States in retaliation for India purchasing Russian oil. […]
Cian plc, the holding company of the Cian classifieds real estate advertising services company, has filed a request with the Cypriot regulator for redomiciliation to Russia on August 18, the company has stated. Cian’s shareholders approved the redomiciliation of the legal entity in spring this year. The redomiciliation of Cian plc involves the subsequent automatic […]
Russia, Belarus, and Kazakhstan have completed the transition to digital transport documents, according to Bakytzhan Sagintayev, the Chairman of the Eurasian Economic Commission (EEC) has said. According to 2024 data, the volume of cargo transportation using electronic documents between Russia and Belarus reached 90%, and between Russia and Kazakhstan, 79%. Test shipments are also being […]
The Maritime Board of Russia, which celebrates one year since its establishment on August 13, 2025, is focusing its work on the implementation of strategic international transport projects—the Transarctic Transport Corridor (TTC) and the North-South International Transport Corridor (ITC), according to Nikolai Patrushev, Assistant to the President and Chairman of the Board. Patrushev said that […]
Russia and Ecuador have been at some loggerheads concerning Russian imports of Ecuadorean bananas, with complaints concerning quality issues ongoing between the two countries. Ecuador is Russia’s largest supplier of the fruit, with exports to Russia reaching about 1.4 million tonnes worth over US$1 billion annually. To help resolve the situation, Ecuador is now prepared […]
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